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Ideal holiday rental investment project: 2 semi-detached villas on 1 plot for sale
Moraira, Alicante, Spain
REF: 901049
€1,599,000
Description
Ideal holiday rental investment project: 2 semi-detached villas on 1 plot for sale. These villas are being built in a beautiful new development with lots of pine trees, very quiet and only a few minutes walk from the sandy beach of Moraira (800m) with its cosy terraces, very nice restaurants, nice shopping streets and car free village squares with large trees providing the necessary shade in the summer. Moraira also has a beautifully situated marina and a lagoon beach with beautiful colours and shallow water, ideal for small children! These villas are identical, they are mirror images of each other. They are spread over 2 floors. The front door leads into the living area with open plan kitchen. The living area opens onto a partially covered terrace. Next to the kitchen is the entrance hall with stairs to the first floor. On the other side of the hall are 2 bedrooms with fitted wardrobes and a shared bathroom. The staircase leads to the first floor where there are two en-suite bedrooms with their own bathrooms. The hallway leads to a lovely terrace with views over the beautiful area. This project has not yet received planning permission, so when you sign the contract you should allow approximately 15 months for delivery of the villa (subject to change). Changes can still be made in consultation with the architects. The asking price is for both properties together, i.e. 800,000 per fully finished villa, but not for sale separately. Detailed plans are only available by appointment with the architects. Every detail is carefully discussed in advance with the architects and this company will guide you from A to Z with all possible choices of materials and decorations. A really nice company that delivers what they promise!
Ideal holiday rental investment project: 2 semi-detached villas on 1 plot for sale. These villas are being built in a beautiful new development with lots of pine trees, very quiet and only a few minutes walk from the sandy beach of Moraira (800m) with its cosy terraces, very nice restaurants, nice shopping streets and car free village squares with large trees providing the necessary shade in the summer. Moraira also has a beautifully situated marina and a lagoon beach with beautiful colours and shallow water, ideal for small children! These villas are identical, they are mirror images of each other. They are spread over 2 floors. The front door leads into the living area with open plan kitchen. The living area opens onto a partially covered terrace. Next to the kitchen is the entrance hall with stairs to the first floor. On the other side of the hall are 2 bedrooms with fitted wardrobes and a shared bathroom. The staircase leads to the first floor where there are two en-suite bedrooms with their own bathrooms. The hallway leads to a lovely terrace with views over the beautiful area. This project has not yet received planning permission, so when you sign the contract you should allow approximately 15 months for delivery of the villa (subject to change). Changes can still be made in consultation with the architects. The asking price is for both properties together, i.e. 800,000 per fully finished villa, but not for sale separately. Detailed plans are only available by appointment with the architects. Every detail is carefully discussed in advance with the architects and this company will guide you from A to Z with all possible choices of materials and decorations. A really nice company that delivers what they promise!
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Currency Exchange
Moraira, Alicante, Spain
Interested in this property? Don't lose out to currency fluctuations changing the price you pay...
Many overseas buyers in Spain do not realise they can lose thousands of pounds through adverse currency exchange rate movements.
The property buying process in Spain takes time; it could be up to six months between seeing the property of your dreams and actually taking ownership. So how much would this €1,599,000 property cost you?
| Property Price € | Minimum cost in the last six months | Maximum cost in the last six months | Fluctuating exchange rates over the last six months could have increased the cost of this property by |
|---|---|---|---|
| €1,599,000 | £1,324,468 | £1,374,261 | £49,793 |
| Property Price € | €1,599,000 |
| Minimum cost in the last six months | £1,324,468 |
| Maximum cost in the last six months | £1,374,261 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £49,793 |
Moraira, Alicante, Spain
Interested in this property? Don't lose out to currency fluctuations changing the price you pay...
Many overseas buyers in Spain do not realise they can lose thousands of pounds through adverse currency exchange rate movements.
The property buying process in Spain takes time; it could be up to six months between seeing the property of your dreams and actually taking ownership. So how much would this €1,599,000 property cost you?
| Property Price € | Minimum cost in the last six months | Maximum cost in the last six months | Fluctuating exchange rates over the last six months could have increased the cost of this property by |
|---|---|---|---|
| €1,599,000 | £1,324,468 | £1,374,261 | £49,793 |
| Property Price € | €1,599,000 |
| Minimum cost in the last six months | £1,324,468 |
| Maximum cost in the last six months | £1,374,261 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £49,793 |
The exchange rate on the day you make an offer on your property in Spain will not be the same as the rate you pay when you complete on your purchase, as currency markets move constantly. Any large rate movements may take it beyond your price range as the chart above illustrates the fluctuation and how much extra your property could have cost you.
The best way to avoid this significant risk is to plan your budget and currency strategy with an experienced currency specialist. They have been known to save you up to 4% compared to many high street banks, £4,000 for every £100,000, which soon adds up. They will also keep you up to date on market movements, help you set a rate in advance with a product called a Forward Contract - so you know exactly what you will pay for your property in sterling.
This is why we recommend Smart Currency Exchange Ltd. If exchange rate movements continue to be as unpredictable and as significant as they have been in the past then by not using Smart Currency Exchange Ltd your property could cost you £49,793 more.
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